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on 18 When actual price is less than the standard price it results in ed Select one: Bout of a. None of the above g

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on 18 When actual price is less than the standard price it results in ed Select one: Bout of a. None of the above g question O b. No variance c. Favorable variance d. Unfavorable variance n 19 Sales budget is a forecast expressed in ed Select one: Tout of a. Quality and Money O b. Units and Money e question c. None of the above d. Taxes to be paid on sales revenue on 20 Current ratio is the measure of short term debt paying ability. ed Select one: Hout of True O False 3 question on 21 The use of management accounting is optional. ed Select one: d out of True O False g question n22 Which of the following correctly describes a profit center? ed out of Select one: a. A business segment whose manager has control over investments b. None of the above question c. A business segment whose manager has control over costs but not revenue. d. A business segment whose manager has control over both cost and revenue

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